Eastman Chemical Company announced the completion of its acquisition of Taminco Corporation, a global specialty chemical company, for a total of $2.8 billion in cash and assumed debt. The acquired Taminco businesses are expected to be ...
Tags: cash debt, charges, Construction
Nutroganics has inked a letter of intent to acquire certain assets of soy yogurt brand Wholesoy for an undisclosed amount. Wholesoy offers organic, non-gmo verified, soy yogurt to natural foods retailers such as Whole Foods and specialty ...
Tags: soy yogurt, Agriculture
UK’s Thomas Ridley Foodservice has acquired the Elveden Food Hub, which was part of the Earl of Iveagh’s Elveden Farms business. The financial details of the acquisition have not been declared. With this acquisition, the ...
Tags: Foodservice, Agriculture
US-based Trident Seafoods has agreed to acquire the assets of Western Alaska Fisheries in Kodiak, Alaska, from Westward Seafoods. The acquisition includes Western Alaska Fisheries' plant in Kodiak with a capacity to process 45 million ...
Tags: Seafoods, Agriculture
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
HJ Heinz has announced plans to divest its frozen ready meals manufacturing site in Dundalk, Ireland, to The Authentic Food Company for an undisclosed sum. The Dundalk factory employs 155 people and produces the WeightWatchers from ...
Tags: Heinz, Frozen Ready Meals
BASF has entered into a definitive agreement to fully acquire the business and assets in Taiwan and Mainland China of Taiwan Sheen Soon (“TWSS”), a manufacturer for thermoplastic polyurethanes (“TPU”) adhesives base ...
Tags: base material, portfolio
German wine seller Hawesko is looking for an alternative buyer for its proposed buyout after rejecting takeover offer by Detlev Meyer. Hawesko's management board said that a 40-euro-per-share takeover bid by by Tocos Beteiligung and its ...
Tags: buyout, wine seller, Agriculture
Niagara Ventures has completed the previously announced acquisition of all of the issued and outstanding common shares of Blu-Dot Beverage Company. As a result of the Transaction, Blu-Dot became a wholly-owned subsidiary of NVC. The ...
Tags: Beverage, Agriculture
Auto supplier KSR International earlier this year acquired Electronic Motion Systems, an innovative electronics supplier with Manufacturing based inSwansea, Wales, UK and a Development Center in Halifax, Nova Scotia. According to Craig ...
Genesco Inc. said lower than planned sales and gross margin pressures at its Lids segment in the third quarter and expected continued margin pressure at the segment in the fourth quarter would cause it to lower its guidance for the full ...
Tags: gross margin, planned sales
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Net sales for the second quarter were $108.4 million, a decrease of 22.1 percent from net sales ...
Tags: Slides, Sporting Goods
United Natural Foods reported financial results for the first quarter of fiscal 2015 ended November 1, 2014. First Quarter Fiscal 2015 Highlights Net sales increased 24.4% to $1.99 billion compared to $1.60 billion for the same period ...
Tags: Natural Foods, Agriculture
Agri-business company Olam International has agreed to acquire US peanut sheller McCleskey Mills, in a $176m deal. The acquisition is in line with Olam's strategy to invest in specific products, including edible nuts. McCleskey is ...
Tags: edible nuts, peanut sheller, Agriculture
Hershey has completed the acquisition of The Allan Candy Company, a Canadian confectionery producer for an undisclosed amount. The addition of Allan Candy's manufacturing capabilities and confectionery portfolio will enhance Hershey's ...